The Green Investment Bank (GIB) has unveiled a new £60 million funding pot that will be used to help finance community-scale renewable projects in the UK.
“Inefficient and unambitious” government energy efficiency programmes have resulted in an 80% decrease in support available to Brits looking to improve cold properties, according to the Energy Bill Revolution.
The UK’s minister for energy has said that her government is not planning any framework of incentives for energy storage, but said nonetheless that public funds can help “bridge the gap” between ideas and commercialisation.
Electricity demand during the winter peak will be cut by 1,855,548kWh, following the completion of the UK’s first electricity demand reduction (EDR) pilot auction.
Mastervolt has appointed Renewable Energy Storage and Solutions (RESS) as its new distributor to focus on the solar PV and storage market across the UK and Ireland.